2429 N US 31 Highway Petoskey, MI ^$ 749,000

2429 N US 31 Highway

^$ 749,000

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2429 N US 31 Highway

Petoskey, MI, 49770

^$ 749,000

Studio Baths0.0 Sq 4,389

Monthly Estimate*

^$ 5,232

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Studio

Commercial Property for sale in Petoskey, MI

for $749,000. This 4,389 square foot building was built on a lot size of 0.71.

Great Opportunity Up-North! 4389 sq' with an additional 2079 sq' in basement. Interested in hunting, fishing, firearms, or archery? Own this well-established Sporting Goods store in thriving Petoskey Michigan. Invest with confidence on this US-31 stand alone building with 1000sq' partial building lease opportunity that helps to re-pay your investment. Sporting goods store has ample parking and a walk-out basement level with rear building delivery access and roll-up door. Updated mechanical, newer LED lighting extensive insulation keep heating costs low. Current use is retail fishing products, archery, firearms restoration and repair shop. Techno-hunt indoor archery experience brings customers in year round. Spring 2024 sales price of $749,000 is for real estate only. Located on US-31 just 1/4 mile from Tractor Supply. Parcel is located in Bear Creek Twp with a Petoskey address. BATVAI

Commercial Active

Price

^$ 749,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,861

Style

Commercial/Industrial

Lot Size

0.71

Town/City

Petoskey

County/Region

Emmet

MLS | Web ID

50118577

Features

General

Heating Forced Air

Cooling Ceiling Fan(s) Dehumidifier

Exterior Features Security Lighting

Water Private Well

Status Active Active

Year Built 0

Parking 11-20 Spaces

Subdivision Hiawatha Highlands MI

Water Heater Gas

County Emmet

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Bear Creek Twp

Zoning Commercial

Commercial Features 220 Volt Power Cable TV Available Ceramic Floor Furniture Gas Available Overhead Doors Public Restrooms Security Equipment Security Syetem Owned Telephone Tile Floors Under 400 Amps

Area Bear Creek Twp (24001)

Primary City Petoskey

Location Main Street

Directions On US-31 South of Graham Rd North of Fochtman Industrial Dr

City Petoskey

Street Name US 31

Financial Terms Cash Commercial Loan Conventional

Legal Description PLAT OF HIAWATHA HEIGHTS NE 1/2 OF LOT 23 & LOTS 24 & 25. SECTION 25 T35N R5W.SPLIT ON 11/30/2005 FROM 01-16-25-101-004;

DOM 256

Postal Code 49770

Price Per Sq Ft 170.65

Coming Soon Great Opportunity Up-North! 4389 sq' with an additional 2079 sq' in basement. Interested in hunting fishing firearms

Exterior

Exterior Cedar Field Stone Metal Poured Concrete

Frontage 125

Lot Size Area 0.71

Lot Dimensions 30 928

Lot Description Cleared

Roads Class A U.S. Highway

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Quinton Bartlett

Listing Agent

Remax Town & Country

Broker

soldbybartlett@gmail.com

Affordability Calculator

$5,637

Per Month

Monthly Principal & Interest: $5,232
Monthly Property Taxes: $405
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Petoskey, MI

Average List Price ^$109,461

Percent of Sale Price 85%

About Petoskey, MI

5,638 Population

0% Since 2002

^$40,542 Median Income

38.81 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/22/2024	$749,000	-11.88%	Price Down
8/11/2023	$850,000		Listed Price

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2429 N US 31 Highway, Petoskey, MI, 49770 is a Commercial Property for sale at $749,000 with 4,389 sqft and a lot size of 0.71. 2429 N US 31 Highway is a studio with 0.0 baths. The property's zip code is 49770 which is in Petoskey, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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2429 N US 31 Highway

Commercial Property for sale in Petoskey, MI

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